Welcome to the Agency for Lease Regulation
At Equipment Leasing Registration Authority (ELRA), we are committed to fostering a secure and transparent environment for the leasing industry in our region. Our primary objective is to facilitate the growth and stability of the leasing sector, promoting economic development and ensuring the protection of all stakeholders involved.
Donald Wokoma
Registrar/CEO
Our Core Objectives
Streamline Registration Processes: Simplify and digitize equipment leasing registration procedures, reducing administrative burdens for businesses and ensuring a seamless user experience.
Enhance Compliance and Transparency: Implement digital tools to enforce regulatory compliance and provide stakeholders with real-time access to transparent, accurate, and up-to-date industry data.
- Facilitate Industry Growth: Create an ecosystem that fosters the growth of the equipment leasing sector by providing businesses with the tools and resources they need to thrive and expand.
- Ensure Data Security and Privacy: Prioritize robust data security measures to protect sensitive user information and maintain the privacy of all stakeholders.
- Promote Innovation: Encourage innovation within the industry by adopting cutting-edge digital technologies and fostering a culture of continuous improvement.
- Strengthen Government and Industry Collaboration: Foster collaboration between government bodies and industry players to develop and implement policies that support the digital transformation of the equipment leasing sector.
- Expand Access to Financial Services: Integrate with financial institutions to offer financing options for equipment leasing, making it more accessible to businesses of all sizes.
- Empower Businesses with Digital Tools: Provide businesses with digital tools and resources that enhance their ability to manage equipment leases, comply with regulations, and make informed decisions.
- Support Sustainable Practices: Promote environmentally friendly equipment leasing practices, encouraging sustainability within the industry.
Contribute to Economic Development: Generate revenue for the government while contributing to Nigeria's economic development through a thriving and digitally enabled equipment leasing market.
Ibrahim Bisallah
Equipment Leasing Association of Nigeria (ELAN)
Arogundade Wasiu Abayomi
Central Bank of Nigeria
Ifunanya Nwajagu
Federal Ministry of Justice Pioneer Member
Chuka Onwuchekwa
Equipment Leasing Association of Nigeria
Anthony E. IGBA
Small and Medium Enterprises Development Agency of Nigeria (SMEDAN)
Usman Abbas
Executive Director, Nigerian Arabian Gulf Chamber Of Commerce represented NACCIMA
Mrs Anietie Enobong Umoessien
Director Industrial Inspectorate Dept. Federal Ministry of Industry, Trade & Investment
Mr. Okeowo
Director Equipment Leasing Registration Authority (ELRA)
Dr. Aliyu Mohammed
Ministry of FinanceWhat People Say about us
At the heart of our mission are the experiences and feedback of the individuals and businesses we serve. Here's what some of them have to say about their journey with us
